Q4 and Full-Year 2020 Financial Performance
STN
TSX-NYSE
2021 Outlook
Real Estate Strategy expected to contribute ~$0.10 to 2021 EPS
2021 Targets - Updated
Geography
2021 Regional Outlook
2021 OUTLOOK
2020 Performance
15.7%
Adjusted EBITDA (1)
14.0%
15.0%
16.0%
17.0%
(% of net revenue)
6.8%
United States
Adjusted net income (1)
5.0%
6.0%
7.0%
8.0%
(% of net revenue)
9.9%
Adjusted Return on
invested capital
8.0%
9.0%
10.0%
11.0%
Canada
0.7x
Net debt to adjusted EBITDA
0.0
1.0
2.0
3.0
(1) Adjusted EBITDA, adjusted net income, and ROIC are non-IFRS measures (discussed in the Definition
section of our 2020 Annual Report)
Global
.
•
.
Muted organic growth absent
US stimulus spending
Low single-digit organic growth
•
Muted economic growth
Mid-single digit organic growth
•
Strong water market
·
Stimulus funds
16
2021 Adjusted diluted EPS expected to grow, on a percentage basis, by low to mid-single digits.
2023 Real Estate Strategy, continued strong execution to more than offset ~$0.10/share from Q4 2020 non-recurring items.View entire presentation